Bitcoin News

Bitcoin (BTC) was created by the pseudonymous Satoshi Nakamoto in 2008 as the world's first successful cryptocurrency, solving the double-spending problem that had plagued previous digital cash experiments. Operating on a decentralized proof-of-work blockchain, Bitcoin enables peer-to-peer transactions without intermediaries, with its monetary policy enforced through cryptographic consensus rather than central authority.

The Bitcoin network is maintained by miners who secure transactions and earn newly minted bitcoin, while a global ecosystem of traders, institutional investors, developers, and businesses continues expanding its adoption. From El Salvador's legal tender status to corporate treasury adoption by companies like MicroStrategy and Tesla, Bitcoin has evolved from a cryptographic experiment into a recognized store of value and inflation hedge.

At CoinDesk, we deliver breaking Bitcoin news and in-depth analysis covering everything from price movements and institutional adoption to technological developments and regulatory shifts. Our team tracks Bitcoin ETF launches, mining industry changes, Lightning Network growth, and the ongoing debates shaping cryptocurrency's future.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Market Wrap: Bitcoin Heads for Worst Week in Year

The latest crypto news and headlines for Friday, June 17.

By Helene Braun, Bradley KeounJun 17, 2022

Markets

Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious

Chair Jerome Powell said the central bank remains committed to reducing inflation ,and increased interest rates by 75 basis points earlier this week.

By Shaurya MalwaJun 17, 2022

Fed Chair Jerome Powell (Samuel Corum/Getty Images)

Markets

First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K

The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops 13%.

By Sam Reynolds, Shaurya MalwaJun 17, 2022

Videos

Bitcoin Turbulence May Be in 'Darkest' Phase: Report

Bitcoin is entering a phase consistent with deep bear-market cycles this week, according to Glassnode. “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

Jun 16, 2022

Markets

Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed

The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.

By Helene Braun, Andy Edstrom, Krisztian SandorJun 16, 2022

Podcasts

Smart Glasses and Bored Apes: The Many Deaths of NFTs

By Adrian Blust, Adam B. LevineJun 16, 2022

Markets

First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike

Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground.

By Shaurya Malwa, James RubinJun 16, 2022

Celsius' problems triggered the latest crypto prices crash, says a Huobi senior executive. (Malte Mueller/Getty Images)

Videos

BTC Hovers Around $21K as Fed Announces Biggest Interest Rate Hike in 28 Years

GlobalBlock Market Analyst Marcus Sotiriou discusses the possible macroeconomic factors impacting the crypto markets as the Fed raised interest rates by 75 basis points and BTC hovers around $21,000. Plus, Sotiriou explains what could’ve led Celsius to halt withdrawals for users, describing it as “human error in crypto.”

Jun 15, 2022